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UBS Has A Crypto Plan, Ethereum ETF + More News
10.5.2021
Source: iStock/Rafael_Wiedenmeier
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Banking news
Swiss banking giant UBS Group AG is in the early stages of planning to offer wealthy...
Crypto-to-crypto swaps, explained
10.5.2021
How do crypto-to-crypto swaps work… and what are the top tips for performing them safely and cheaply?
Student Coin Now Offers STC Staking – Will It Change the Future of the Digital Economy?
10.5.2021
Investors can now stake STC, the utility token powering the Student Coin ecosystem, and earn up to 13% APY. Showing the amazing potential of the community backing the project, over 1,000,000,000 tokens were staked in less than 12 hours after STC staking was launched. STC Now Offers Staking, Much...
Canadian Bitcoin ETF issuer seeks ‘green BTC’
10.5.2021
Ninepoint will allocate part of its management fees to even out the carbon footprint of Bitcoin in its exchange-traded fund product
Digital Yuan Gets a ‘Lackluster’ Welcome at Biggest Test Site
10.5.2021
A report has concluded that China’s digital yuan has failed to impress in early large-scale pilots, drawing a “lackluster reception” from participants – a fact that could throw up “hurdles to yuan internationalization.”
Bloomberg stated that it had interviewed a number of digital yuan users...
Alipay set to allow users test China's digital yuan
10.5.2021
China’s e-payment giant will allow some users to link their accounts to the country’s digital yuan app
XRP: Digital Acceleration, US Policy & Cambodian Partnership
10.5.2021
Cryptocurrencies facing market fluctuations is a norm, but Ripple is redefining the benchmarks for the entire industry. The crypto is experiencing exponential market growth despite its ongoing skirmish against the SEC. While XRP faced a downward spiral the previous year, it is back on its feet...
South African Tax Collector Targeting Crypto Investors in Its Bid to Raise Extra Revenues
10.5.2021
Latest reports from South Africa suggest that the country’s tax agency will now be targeting cryptocurrency investors as it attempts to increase the total value of revenues collected. Alongside high net worth individuals and offshore investors, digital currency holders now constitute an area...
Over 67,000 Fusions: Cashfusion Participants Have Fused Billions of Dollars in Bitcoin Cash
10.5.2021
While some crypto users have been leveraging privacy-centric digital assets like monero, others still use mixing protocols that shuffle unspent transaction outputs (UTXOs) from coins like bitcoin, ethereum, and bitcoin cash. Participants using the Bitcoin Cash network utilize applications like...
CasperLabs Listing on AscendEX
9.5.2021
PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the CasperLabs Token (CSPR) under the pair USDT/CSPR on May 6 at 3:00 p.m. UTC. Casper is a decentralized proof-of-stake blockchain...
China’s Digital Yuan Smart Card to Feature Biometrics and Fingerprint Scanning
9.5.2021
The People’s Bank of China’s upcoming digital yuan card will feature IDEX Biometrics and fingerprint scanning, according to regional reports. China’s “Digital Currency Electronic Payment” or DCEP is getting closer toward launch by the day. Last week, smart card...
Sunday Comics: HONK HONK!
9.5.2021
Hello! It’s time for Kotaku’s Sunday Comics, your weekly roundup of the best webcomics. The images enlarge if you click on the magnifying glass icon.Read more
Bank of Russia Tests Services Related to Cryptocurrencies
9.5.2021
Russia’s central bank has examined three platforms offering crypto-related services. The projects have been tested in its regulatory sandbox in the course of 2020. Bank of Russia has received dozens of requests to pilot various financial services since it created the closed regulatory...
Citi Sees ‘Very Rapid’ Accumulation of Interest in Bitcoin — Contemplates Launching Crypto Services
9.5.2021
Citigroup is reportedly seeing a “very rapid” accumulation of interest in bitcoin across a broad spectrum of clients, including large asset managers. The bank is now considering launching its own crypto services as a growing number of banks are offering bitcoin-related services to their...
SplytCore Listing on AscendEX
8.5.2021
PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the SplytCore Token (SHOPX) under the pair USDT/SHOPX on May 6 at 1:00 p.m. UTC. SplytCore is a utility NFT for eCommerce, created...
GBTC discount presents a unique challenge for Grayscale and investors
8.5.2021
The Grayscale Bitcoin Trust continues to trade at a discount compared to BTC, a situation that presents a unique challenge to Grayscale and investors
Dogecoin Market Cap Nears $100B, Critics Blast ‘Joke Coin,’ Community Abuzz With Rumors of DOGE Whales
8.5.2021
The infamous meme-based cryptocurrency dogecoin is on the move again just before the upcoming Saturday Night Live episode featuring Elon Musk. While dogecoin is up 81% today a lot of cryptocurrency veterans have been warning newbies about the digital currency that was meant to be a joke. Meanwhile...
New SEC Chairman Unveils Policies for Cryptocurrencies, Calls Bitcoin ‘Scarce Store of Value’
8.5.2021
The new chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has shared his view on how the SEC plans to regulate cryptocurrencies, particularly bitcoin. He calls bitcoin “a digital, scarce store of value” and stresses the need to put in place some investor...
Wealth Manager Vaneck Files Application for an Ethereum ETF, Aims for Cboe BZX Listing
8.5.2021
Public documents show the wealth manager Vaneck has applied for an ethereum based exchange-traded fund (ETF). Vaneck Digital Assets’ Form S-1 filing with the Securities and Exchange Commission (SEC) was filed on May 7, while the company’s bitcoin-based ETF is still under review. While...
South Korean Police Officers Banned From Buying Cryptocurrency
8.5.2021
A recent ban imposed by the South Korean National Police Agency will bar particular officers from purchasing additional cryptocurrencies. The announcement coincides with a report revealing a heightened domestic availability of digital coins, in comparison to the global marketplace. South Korea...